The 100,000-square foot space will be managed by the CFDA over the next three years and will feature a dozen studios, a communal kitchen, and a massive shared "boulevard" that the architects apparently hope will encourage the 12 designers in residence to "get together to do things cooperatively, like a fashion show," said Kilment Halsband principal Frances Halsband. Perhaps most ingenious of all, the layout features movable partitions that can be shifted around to create even more showroom space -- encouraging the designers to take their pieces out into the market place and host appointments with buyers. All things told, very clever: We're eager to see what 12 finalists Bloomberg chooses come December.